World Liberty Financial (WLFI) has just unlocked a major milestone. Token holders voted overwhelmingly to make the WLFI token tradable, which means it’s time for some action! The project can now enable transfers and give the token a shot at secondary market glory.
Big Vote, Big Results
Here’s where it gets interesting: 11.1 billion tokens voted in favor of the proposal, making up a jaw-dropping 99.94% of the total. Yeah, you read that right, almost a unanimous “Yes” vote before the July 16 deadline. You’ve gotta admit, that’s some serious support.
The “Make $WLFI Token Tradable” proposal hit the governance forum on July 4, and voting opened on July 9. It outlines a pretty straightforward plan, allowing WLFI holders to move tokens peer-to-peer and list them on secondary venues. In other words, say goodbye to a closed model and hello to an open market where anyone can join in.
Staged Unlocks and a Long-Term Vision
Here’s where the fun starts: early supporters will see some of their allocations unlock once trading kicks off. But don’t get too excited just yet, founders, team members, and advisers have a longer lock-up period. The real twist? Those allocations will be governed by a later community vote. Nice, right?
There will also be an implementation update with timing details, so no worries, everything’s gonna be done in a well-planned, orderly fashion.
Backed by the Trump Family, But What Does That Mean?
Let’s talk about backing for a sec. World Liberty Financial isn’t just another random crypto project; it’s supported by none other than the Trump family. WLFI is a decentralized finance platform that connects traditional financial services with on-chain products. One of those products is the WLFI governance token, and another is the USD-pegged stablecoin, USD1.
The idea behind WLFI is simple but bold: keep the dollar stable and maintain a global settlement layer through US-pegged stablecoins. Will this project change the game? Only time will tell.
What’s Next for WLFI?
Now that the token’s tradability has been approved, the team is ready to roll. They’ll be activating the transfer functionality and starting those early-supporter unlocks. Plus, there’s a second vote coming up to determine the release schedule for locked allocations. It’s about to get even more exciting.
And don’t forget, the governance participants will soon play a more significant role in shaping the future of WLFI. From emission parameters to incentive programs, they’ll have a say in how things evolve when the token goes fully permissionless.
So, World Liberty Financial is moving full steam ahead. The next steps are coming soon, and if you’re part of the WLFI ecosystem, you’re going to want to keep a close eye on this one.
Roman Zaika
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